Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community
Cointelegraph By Andrey Shevchenko's original article for cointelegraph.com reduced by 79%
Leading Bitcoin Cash personalities, including Bitmain CEO Jihan Wu and Bitcoin.com CEO Roger Ver, proposed on Jan. 22 an "Infrastructure funding plan" that would see miners donate 12.5 percent of all block rewards to a Hong Kong entity. The fund would be used to promote Bitcoin Cash development, which the miners argue is a "Far better solution" than having independent "Corporate donors," such as the Blockstream company for Bitcoin.
The absence of any kind of voting procedure would mean that the owners of the company would have control over all Bitcoin Cash development, the community argues.
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